NOT LISTED FOR SALE

151 Michigan 73 Iron River, MI 49935

Estimated Value: $40,779 - $601,000

2 Beds
1 Bath
711 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $20,000 $28 Per Sq Ft

Est. 895% increase in value since last sale

Current estimated payment $1,124/month

96 Days on Market

Highlights

  • Wood Flooring
  • Bathroom on Main Level
  • Forced Air Heating System
  • Porch
  • 1-Story Property
  • Ceiling Fan

About This Home

As of April 2021

This home was a cabin previously located near Playground Road in Iron River before it was moved to its current location 75 years ago. Once moved the cabin was insulated, sided, and dry walled. Now this 2 bedroom one bath home is looking for a new owner to once again breathe new life into her. The living room has original hardwood flooring under the carpeting, but the character doesn’t stop there. The living room walls curve as they meet the ceiling, giving it a unique flair and one corner has a built in hutch. The second bedroom is currently set up as a main floor laundry room but could easily be converted back into a bedroom. In the basement there is a finished room that could make a great crafting or workshop area. Off this room there is an older shower. The roof is older and had a leak that was repaired, but the entry to the home and the stairwell leading downstairs will need to be fixed. A garage was removed last year but the concrete pad was left so that another could be placed in the future. The back yard has tall mature pine trees, but they leave plenty of space to put in a garden, extra storage buildings, or create a great cookout/entertainment area. Deer tracks are frequently seen and deer can be found bedded down on the side of the home. If you are willing to roll up your sleeves and put some tlc into this home it could once again shine and bring joy to its new owners.

Last Agent to Sell the Property

KELLY WATERS

U.P. RIVERLAND REALTY License #UPAR-6501378492 Listed on: 01/11/2021

Last Buyer's Agent

COREY SHANKLETON

U.P. RIVERLAND REALTY License #UPAR-6501407239

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 150x330x150x330

Home Design

  • Wood Siding
  • Masonite

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 004-027-055-00

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Year Built: 1920
  • Mail City: Iron River
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Range/Oven
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 7
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Kitchen: On 1st Floor, Dimensions: 12 x 11
  • Living Room: On 1st Floor, Dimensions: 19 x 9
  • Below Grade Sq Ft: 556
  • Finished Below Grade Sq Ft: 155
  • Above Grade Finished Sq Ft: 556
  • Total Finished Sq Ft: 711

Exterior Features

  • Exterior: Log, Wood, Masonite
  • Exterior Features: Porch
  • Foundation: Basement
  • Road: City/County, Year Round

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Ceiling Fan(s), Wall/Window A/C

Lot Info

  • Assessor Parcel Number: 004-027-055-00
  • Lot Dimensions: 150x330x150x330
  • Acreage: 1.09
  • Geo Subdivision: MI

MLS Schools

  • School District: West Iron County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Apr 29, 2021
Bought by
Johnson Dennis
Seller's Agent
KELLY WATERS
U.P. RIVERLAND REALTY
Buyer's Agent
COREY SHANKLETON
U.P. RIVERLAND REALTY
List Price
$39,900
Sold Price
$20,000
Premium/Discount to List
-$19,900
-49.87%
Current Estimated Value
$198,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,945
Avg. Annual Appreciation
66.13%

Purchase Details

Closed on
Apr 6, 1981
Sold by
Holmes Joyce
Bought by
Masuga Myrna-Carne William G
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Johnson Dennis $20,000 --
Masuga Myrna-Carne William G -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $20,000 -49.9% $28 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $39,900 -- $56 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $29,480 $29,480 $0
2024 $482 $25,390 $25,390 $0
2023 $454 $14,600 $14,600 $0
2022 $432 $12,700 $12,700 $0
2021 $258 $21,400 $21,400 $0
2020 $162 $22,600 $22,600 $0
2019 -- $23,000 $23,000 $0
2018 -- $21,800 $0 $0
2016 -- $21,100 $0 $0
2015 $9,043 $20,700 $0 $0
2014 $9,043 $18,800 $0 $0
2013 $9,043 $18,600 $0 $0
2012 -- $18,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10042555

Upper Peninsula Association of REALTORS®

APN: 004-027-055-00